Ps4 mining crypto games

Thousands of PlayStation 4 gaming consoles have been seized after their discovery in an old warehouse, used to illicitly mine for cryptocurrency. Ukraine's Security Service said last week that in the city of Vinnytsia, located along the Southern Bug river, there was an abandoned warehouse in its industrial area that once belonged to an electricity company, JSC Vinnytsiaoblenergo. Upon entry, law enforcement found what it has called the country's "largest underground cryptocurrency farm. In total, roughly 3, gaming consoles were rigged together and stored on metal racks -- and over graphics cards and 50 processors were also found. The hardware was allegedly used to facilitate cryptocurrency mining, while those apparently responsible stole the electricity required from the city. Raids took place at the cryptocurrency farm and Ukrainian police also say that searches took place at the "offender's residences," where draft notes on electricity usage, notebooks, handsets, and USB storage devices were also seized.

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WATCH RELATED VIDEO: Time to Start Mining on Gaming Consoles?

Thousands Of PlayStation 4 Pro Consoles Seized In Police Raid

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50 Games Like Realtime Mining Simulator for Playstation 4

Last week, Cointelegraph reported the seizure of 3, PlayStation consoles allegedly used for mining cryptocurrencies. The confiscated playground equipment belonged to a hardware depot that was discovered by Ukrainian authorities during a raid on a farm that allegedly manipulated electricity meters to steal electricity from the local grid. Based on initial reports at the time, PS4 consoles, graphics cards, processors, and other hardware used for illegal cryptocurrency mining operations were found at the crime scene. Players usually have to earn money and FUT tokens by winning in-game soccer matches, but the bankrupt warehouse is said to have created black market variants of these in-game items. According to Delo, the Ukrainian secret service has yet to confirm or deny its results, while the chosen agency keeps the details of the ongoing investigation secret. Connected: Ukrainian police seized 3, PS4 consoles that were used for illegal cryptocurrency mining.

Now, it's been revealed that instead of mining Bitcoin, Ethereum, and the like, the alleged “crypto miners” were grinding out FIFA coins instead.

Illegal PS4 Crypto Mine Might Have Farmed FIFA Ultimate Team Points

At the beginning of the week, the media broke news about a strange cryptocurrency farm in Ukraine. In one of the warehouses of the Ukrainian city of Vinnytsia, 3, PS4 consoles were found, among other things. Originally it was believed that it was used for cryptocurrency mining. At least this is reported by the Ukrainian Security Service, which is responsible for discovering the illegal mine. Already from the first information, many skeptics appeared. One of them was a journalist from the Ukrainian business newspaper Delo, who decided to take a closer look at the case. It does not change the fact that there is a prohibited activity, which is the illegal consumption of electricity. It is estimated that the losses amounted to thousand PLN.

Ukrainian authorities seize 3,800 PS4 consoles used for crypto mining

ps4 mining crypto games

The world of cryptocurrency mining is a beautiful — and at times strange — world, as Ukrainian crypto miners have been caught using more than 3, separate PlayStation 4 consoles. Yes… over three thousand and eight hundred PS4 consoles. More than 50 processors, more than graphics cards and more than 3, PlayStation 4 consoles were discovered and confiscated by officials of the Security Service of Ukraine. More than 3, PS4 consoles were discovered in the mine because they were drawing so much power that authorities noticed that crypto miners used fake counters to disguise that they were illegally drawing electricity from the grid. Future teen idol.

Blockchain games powered by NFT have revolutionized the gaming industry by making players the key financial beneficiaries and decision-makers. We have compiled a list of the most anticipated games to keep readers informed about the future of play-to-earn gaming.

Ukraine dismantles crypto mining farm with… PS4

Thousands of PlayStation 4 Pro consoles as well as other pieces of computer equipment were seized during a police raid by Ukraine law enforcement. As reported by Game Rant , the Security Service of Ukraine SBU discovered nearly 3, video game consoles and nearly 5, pieces of computer equipment. It is reported that the equipment seized was being used to mine cryptocurrency. According to reports, a warehouse was found by the SBU located near the Vinnytsiaoblenergo energy distribution company in Vinnytsia. However, the location became known when it was discovered that vast amounts of electricity were being consumed in the area. In the latest crackdown on illegal crypto mining, the Security Service of Ukraine SSU busted a mining operation, arresting many miners and recovering over PS4 gaming consoles and about graphics cards found on the premises citing electricity theft.

Best play-to-earn crypto game: It’s like Pokémon Go, but you collect free Bitcoin

Technology 11 Views. Earlier this month, Ukrainian officials broke out what appeared to be a cryptocurrency mining operation that used thousands of PS4 consoles to extract crypto. That does not seem to be the case. FUT packages can also be opened with real money. Although the purchase or sale of real money FIFA coins is in violation of EA policies, it has not stopped a thriving black market for the digital currency. People sell coins or game accounts filled with the currency to players who are desperate to build a dream FUT list. In the meantime, FUT packages and other loot boxes have withdrawn control from regulators in recent years. Since players cannot see which football players they want to unlock when buying a package, some authorities have described the packages as a form of gambling.

Earlier this month, officials in Ukraine blew up what appears to be a cryptocurrency mining operation that is using thousands of PS4.

PS4 consoles seized in Ukraine are used for FIFA accounts, not cryptocurrency mining

Well, R. Sony today revealed in an official PlayStation blog post which PS4 peripherals can still be used with the upcoming PlayStation 5. So it seems the company is really going all-in on the DualSense controller, touting it as a major factor in gameplay. Regardless, it seems it might be time to for the DualShock 4 to enter semi-retirement.

PS4 Consoles Now Used To Mine Cryptocurrency?

The report comes a couple of days after Ukraine's Secret Service SBU raided a warehouse that was said to be stealing electricity from the power grid. It was claimed that the mine caused power outages in the area it is located in. The report, which was posted by Ukrainian site Delo and cited in an article by Kotaku , said that photos that have been released by authorities showed game discs "popping out of consoles. According to the Kotaku article, sources have told Delo that the warehouse went about its "FIFA" Ultimate Team farming by making PS4 consoles automatically play the game in order to get in-game currency. Either the in-game currency alone or the account itself is then resold for profit. Initial reports following the discovery of the farm alleged that the PS4 warehouse was farming crypto.

The PS4 consoles, be that as it may, appear to be awkward.

Welcome to Illuvium

It is of course technically possible, but you would have to have custom made additions to your hardware and specialized custom software to run it. To mine cryptocurrency, you need to have an android smartphone at least. This is because it has the most suitable mining-friendly operating system to facilitate Bitcoin mining. The mobile market is already flooded with various apps designed for android that you can use to mine Bitcoin directly from your home. Primarily PS3 is made for playing games, obviously. In order to do so, users install customized firmware on PS3, most commonly Linux.

Can I use my ps4 to mine Bitcoin?

Every mobile game developer wants to create an excellent game with a monetization mechanism to maximize their advertising revenue. Currently, most crypto games require players to use real money to purchase virtual reality goods, after which they can unlock advanced content. Using cryptocurrencies instead of money would make the process a lot easier for NFT gamers and the developers if applied.

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